Blog

Second Edition of The Bellamy Law Firm Newsletter

Check out our second edition of the BLF newsletter!  

Woodside Story: Myrtle Beach in the Gilded Age

Woodside Story: Myrtle Beach in the Gilded Age
By Benjamin A. Baroody Since World War II, Myrtle Beach has been transformed from a sleepy, coastal Carolina getaway town into a national tourist destination and real estate hub. Has it been worth the transformation?     By the late 1800s, the Burroughs & Collins Company of Conway had purchased most of the property in what is now Myrtle Beach and used the land primarily for turpentine and timber. But F.G. Burroughs had a vision to turn the coastal area into a vacation destination.…

Understanding TRID: The New CFPB Regulations

Understanding TRID: The New CFPB Regulations
By Kara Keith On October 3, 2015, the real estate industry faces a substantial change in federal mortgage disclosure requirements. The Bellamy Law Firm understands that the purchase and sale of residential real estate can be one of the most important personal transactions of a lifetime, so we have been closely following information regarding the new Consumer Financial Bureau (“CFPB”) and the TILA-RESPA Integrated Disclosure rule (“TRID”). Please enjoy our first newsletter where we…

What You Need to Know About Writing a Will

What You Need to Know About Writing a Will
A will is one of the most important documents in a person's life. While it may be hard to sit down and write out the details of what will become of your property after you are gone, it must still be done. The first thing you need to know when creating a will is why it is important to have a will. The laws regarding wills vary from state to state. In South Carolina, if the deceased person leaves no will, the property of the deceased will be distributed according to South Carolina law…

What is Eminent Domain? A Lawyer’s Eminent Domain Definition

What is Eminent Domain? A Lawyer’s Eminent Domain Definition
Eminent Domain refers to the right that the state, or someone authorized by the state, has to take private property for public use. There are four elements to Eminent Domain that are crucial: that it is private property, that it was taken in some way, that it was taken for a public use, and that there was just compensation for that taking. Property does not just refer to land but also may refer to water, air or even partial property, which could be if the value of a property has been…

Understanding Eminent Domain

Understanding Eminent Domain
The founder of the Bellamy Law Firm, Howell V. "Skeets" Bellamy, Jr., and his partner, Robert S. Shelton, have represented many South Carolina property owners in the defense of eminent domain or condemnation actions filed against them by the government. When the South Carolina Department of Transportation ("SCDOT"), for instance, takes private property to build highways, the attorneys who represent the government have access to the engineering staff and legal staff at the SCDOT…

Overview of 2014-2015 Horry County Property Tax Reassessment

Overview of 2014-2015 Horry County Property Tax Reassessment
The Horry County Assessor's office is currently conducting mass appraisals of all real property in Horry County to determine a new fair market value for property tax purposes. All property owners will receive their annual tax notices by October of 2014, which will reveal the new assessed property values. The assessed value is required to reflect the poperty's fair market values of December 31, 2013, exactly five years after the last county-wide property reassessment, which valued…

Protecting Loved Ones from Undue Influence:  Elder Law Tips

Protecting Loved Ones from Undue Influence:  Elder Law Tips
By: Benjamin A. Baroody The retirement-aged population carries with it far more wealth than their children and grandchildren’s generations. As this population increases along the South Carolina and North Carolina coasts, families must be cognizant of the potential pitfalls of poor estate planning or, worse yet, no estate plan. The recession experienced over the course of the last five years has only increased the financial pressure placed upon young and middle-aged families and, with…

Social Security and Disability Benefits

Social Security and Disability Benefits
By Kiersten Gordon Karen Towson[1] was a thirty-nine year old working mother with two young children when a workplace accident changed her life forever. She worked as an occupational therapist, and one day at work a patient ran over her foot twice with a motorized wheelchair. What began as a simple foot contusion quickly and undeniably progressed to Complex Regional Pain Syndrome II. After physical therapy, medications, nerve blocks, and other conservative treatments failed, Karen…

The Highwayman Cometh

The Highwayman Cometh
By: Robert S. Shelton As the road projects funded by the one-cent sales tax approved by Horry County voters in November 2006 begin to take shape, many area property owners have begun receiving letters from or on behalf of the South Carolina Department of Transportation. It is critical to take these letters seriously, as the next step often involves taking private property to build or modify roads. Still, many property owners are unaware of their rights and others simply do not know…